Is Luxottica a Versace?

If you’re a fashion enthusiast, you must have heard of the iconic brand, Versace. Known for its bold designs and luxurious fashion, Versace is a name that has been synonymous with style for decades.

However, there has been some confusion lately about the relationship between Versace and Luxottica. In this article, we will explore whether Luxottica is a Versace brand or not.

Firstly, let’s understand what Luxottica is. Luxottica is an Italian eyewear company that designs, manufactures and distributes eyewear for several high-end brands. The company was founded in 1961 by Leonardo Del Vecchio and has since become the largest eyewear company in the world.

Now coming to the question at hand – Is Luxottica a Versace brand? The answer is no. While Luxottica does manufacture eyewear for several high-end brands including Prada, Ray-Ban, Burberry, and Chanel, it does not own Versace.

Versace was founded in 1978 by Gianni Versace and quickly became known for its bold designs and use of vibrant colors. After Gianni’s death in 1997, his sister Donatella took over as creative director of the brand and continued to bring her unique vision to each collection.

In 2018, Michael Kors Holdings acquired Versace for $2.1 billion. This acquisition meant that Michael Kors Holdings now owns 100% of the shares of Gianni Versace S.r.l., which includes all of its subsidiaries.

So while Luxottica may produce eyewear for several high-end brands including Versace, it does not own or have any ownership stake in the brand.

In conclusion, while there may be some confusion about whether Luxottica is a Versace brand or not, we can confirm that it is not. While Luxottica may manufacture eyewear for several high-end brands including Versace, it is not the owner of the iconic fashion brand.